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Updated: May 26, 2025
The manager of an enterprise gets his PROFIT from the value PRODUCED after deducting the value CONSUMED. But what to him is value consumed, such as the purchase of a productive service, is so much income to the performer of the service. These definitions are irreproachable.
This bank received both foreign coin, and the light and worn coin of the country, at its real intrinsic value in the good standard money of the country, deducting only so much as was necessary for defraying the expense of coinage and the other necessary expense of management. For the value which remained after this small deduction was made, it gave a credit in its books.
This gives 15 per cent. interest on the investment, not deducting anything for repairs or maintenance, which has not cost $5 per annum so far.
This bank received both foreign coin, and the light and worn coin of the country at its real intrinsic value in the good standard money of the country, deducting only so much as was necessary for defraying the expense of coinage, and the other necessary expense of management. For the value which remained, after this small deduction was made, it gave a credit in its books.
After having disposed of what was of no service to me, I found that, deducting the thousand pounds paid into the banker's, for Lord Windermear, I had a little above three thousand pounds in ready money, and what to do with this I could not well decide.
Deducting 387,000 a large allowance for hospitals, furloughs, and incomplete regiments-there remained 800,000 effective men at his immediate command.
The air-brake will stop a train in twice its own length. Call it three times in this case. Very well. At three times the length of this train from the signalpost towards London, deducting half the length of the train, as this carriage is in the middle, you will find the pistol." "Wonderful!" I exclaimed. "Commonplace," he murmured.
These figures represent stocks and bonds at par and deducting amount of depreciation, would bring the actual cost of the Main Line Omaha to Ogden to about seventy-three million dollars. There were issued in payment for this construction, equipment, station building, and the expense of the Company during the construction period.
If a divorce originates from the man, and before the whole purchasemoney is paid, the man shall receive back what he has advanced after deducting the dandanan as above, and fourteen dollars, called penusutan. If the divorce originates with the woman the whole purchase-money shall be returned, and the children, if any, remain with the father.
On examining the expenditures of the last five years it will be seen that the average, deducting payments on account of the public debt and $10,000,000 paid by treaty to Mexico, has been but about $48,000,000.
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